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IonQ, Inc.

NYSE:IONQ Stock Report

Market Cap: US$15.5b

  • Company Overview
    • Valuation
    • Future Growth
    • Past Performance
    • Financial Health
    • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

IonQ Management

Management criteria checks 0/4

IonQ's CEO is Niccolo de Masi, appointed in Feb 2025, has a tenure of 1.58 years. total yearly compensation is $89.63M, comprised of 0.6% salary and 99.4% bonuses, including company stock and options. directly owns 0.043% of the company’s shares, worth $6.73M. The average tenure of the management team and the board of directors is 1.4 years and 1.1 years respectively.

Key information

Niccolo de Masi

Chief executive officer

US$89.6m

Total compensation

CEO salary percentage0.56%
CEO tenure1.6yrs
CEO ownership0.04%
Management average tenure1.4yrs
Board average tenure1.1yrs

Recent management updates

Recent updates

Seeking Alpha • Sep 16

IonQ's Historic Low Valuation Meets Record-Breaking Guidance (Upgrade)

Summary IonQ is upgraded to a strong buy as it delivers robust execution, raises 2026 guidance, and confirms the SkyWater acquisition. The SkyWater deal accelerates IonQ’s chip fabrication roadmap, more than doubles revenue, and enables rapid scaling of its Superion quantum platform. IONQ now targets $450–460 million in 2026 revenue post-acquisition, with the potential to surpass $1 billion in revenue next year. IONQ trades at its lowest historical valuation versus peers, offering a compelling entry point despite sector liquidity and scaling risks. Read the full article on Seeking Alpha
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Narrative Update • Sep 08

IONQ: Vertical Integration And Policy Support Will Drive Future Quantum Adoption

IonQ's analyst price target has moved to $49, with analysts pointing to strong commercial momentum, expanding remaining performance obligations, and continued sector interest as key supports for the updated view. Analyst Commentary Recent Street research on IonQ shows active debate around how to balance the company’s quantum computing opportunity with execution and valuation risks.
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Narrative Update • Aug 03

IONQ: Federal Quantum Policy And SkyWater Deal Will Shape Future Upside

IonQ's analyst price target has seen a modest reset of about $0.38 as analysts factor in updated expectations around revenue growth, profitability, future P/E assumptions, and the evolving quantum computing opportunity highlighted in recent sector research and new coverage initiations. Analyst Commentary Recent research on IonQ gives you a mixed picture that balances excitement about long term quantum computing potential with clear execution and valuation questions.
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Narrative Update • Jul 10

IONQ: Federal Quantum Orders And Funding Will Drive Future Policy Tailwinds

Analysts have lifted their IonQ price targets, with one moving from $55 to $70, citing stronger perceived positioning across U.S. quantum policy priorities and confidence in the company's engagement with both commercial and government customers. Analyst Commentary Recent research notes around IonQ highlight how policy developments, federal engagement, and perceived technology positioning are feeding directly into how analysts think about valuation, execution risk, and long term growth potential.
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Narrative Update • Jun 26

IONQ: Policy Tailwinds Will Not Justify Current Quantum Adoption Hurdles

IonQ's updated analyst price target narrative reflects a modest fair value change to $44.78, as analysts balance more conservative revenue growth assumptions with improved margin expectations and supportive policy and research views on the quantum computing sector. Analyst Commentary Recent Street research on IonQ highlights both supportive policy tailwinds and company specific risks that could affect how investors think about valuation, execution and long term growth potential.
Analysis Article • Jun 20

IonQ (IONQ) Stock Could Be 1,017.6% Overvalued After Clavis XG Multiplex Launch

IonQ (IONQ) recently introduced Clavis XG Multiplex, a new quantum key distribution product built to run on existing metropolitan fiber networks, aiming to make long term quantum security deployment more practical for enterprise customers. See our latest analysis for IonQ. IonQ’s recent Clavis XG Multiplex launch comes after a volatile run, with a 1-day share price return of 3.40%, a 90-day share price return of 81.25%, and a 1-year total shareholder return of 40.11%, indicating strong but...
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Narrative Update • Jun 08

Will Aggressive R&D and Hardware Scaling Drive IonQ's Future Growth?

Usage of liquidity allows IonQ to pursue aggressive R&D, scale manufacturing independently, and absorb heavy annual losses without the immediate threat of diluting shareholders just to fund daily operations. Although I maintain my belief in the company's long-term potential as an ecosystem monopoly, I have revised my fair value target down from the $118+ to the $75+ due to the its fundamental metrics on its financial numbers (income-cash flow) in comparison with last year's.
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New Narrative • May 13

The Best-Funded Quantum Platform and Still a Stock Priced for Perfection

Rating: Speculative Buy / Premium-priced quantum leader Style: Deep-tech platform with commercial momentum, but still pre-profit Core debate: Is IonQ the strongest public quantum platform because it combines the best balance sheet, the broadest product ambition, and the fastest current revenue scale, or is the stock already discounting too much future success in a still-unproven industry? Executive view The company just reported Q1 2026 revenue of $64.7 million , raised full-year revenue guidance to $260–270 million , and ended the quarter with Remaining Performance Obligations (RPO) of $470 million.
User avatar
New Narrative • Mar 12

IonQ: Exceptional Technology but Valuation Far Ahead of Financial Reality

Artificial intelligence has dominated technology markets in recent years and driven enormous investment into computing infrastructure. If AI represents the current frontier of computing, quantum computing could represent the next major paradigm shift.
User avatar
Narrative Update • Nov 10

Is IonQ (IONQ) on Course to Become the "Nvidia of Quantum"?

The market is upside down. IONQ is the clear winner of this race.

CEO Compensation Analysis

How has Niccolo de Masi's remuneration changed compared to IonQ's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2026n/an/a

-US$1b

Mar 31 2026n/an/a

US$327m

Dec 31 2025US$90mUS$502k

-US$510m

Sep 30 2025n/an/a

-US$1b

Jun 30 2025n/an/a

-US$464m

Mar 31 2025n/an/a

-US$324m

Dec 31 2024US$233kn/a

-US$332m

Sep 30 2024n/an/a

-US$172m

Jun 30 2024n/an/a

-US$164m

Mar 31 2024n/an/a

-US$170m

Dec 31 2023US$315kn/a

-US$158m

Sep 30 2023n/an/a

-US$135m

Jun 30 2023n/an/a

-US$114m

Mar 31 2023n/an/a

-US$72m

Dec 31 2022US$378kn/a

-US$49m

Sep 30 2022n/an/a

-US$104m

Jun 30 2022n/an/a

-US$95m

Mar 31 2022n/an/a

-US$103m

Dec 31 2021US$11kn/a

-US$106m

Compensation vs Market: Niccolo's total compensation ($USD89.63M) is above average for companies of similar size in the US market ($USD14.74M).

Compensation vs Earnings: Niccolo's compensation has increased whilst the company is unprofitable.


CEO

Niccolo de Masi (46 yo)

1.6yrs
Tenure
US$89,627,380
Compensation

Mr. Niccolo Mcleod de Masi is CEO & Director of dMY Technology Group, Inc. VI from April 16, 2021. Mr. de Masi is Chief Executive Officer of IonQ, Inc. from February 26, 2025 and serves as its Director sin...


Leadership Team

NamePositionTenureCompensationOwnership
Niccolo de Masi
President1.6yrsUS$89.63m0.043%
$ 6.7m
Inder Singh
CFO & COO1yrUS$59.00m0.0034%
$ 525.5k
Paul Dacier
Chief Administrative Officer1.2yrsUS$30.15m0.0045%
$ 694.9k
Dean Acosta
Chief Corporate Affairs & Government Relations Officer1yrUS$21.62m0.00031%
$ 48.2k
Scott Millard
Chief Business Officerless than a yearUS$11.39m0.0060%
$ 931.2k
Jungsang Kim
Founderno dataUS$275.00kno data
Christopher Monroe
Co-Founder & Chief Scientific Advisorno dataUS$6.05mno data
Hanley Donofrio
Director of Investor Relationsno datano datano data
Kate Kemp
Chief People Officerno datano datano data
Noam Zakay
Managing Director of IonQ GmBH4.2yrsno datano data
Jordan Shapiro
President & General Manager of Quantum Platform1.7yrsno datano data
Martin Roetteler
Head of Quantum Application2.5yrsno datano data
1.4yrs
Average Tenure
58yo
Average Age

Experienced Management: IONQ's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Niccolo de Masi
President5yrsUS$89.63m0.043%
$ 6.7m
William Teuber
Independent Director1.1yrsUS$242.24k0.0024%
$ 368.4k
James Frankola
Independent Director1.1yrsUS$236.77k0.0011%
$ 172.6k
Timothy Baxter
Directorless than a yearno data0.0021%
$ 328.0k
William Scannell
Independent Director2.6yrsUS$285.65k0.034%
$ 5.3m
Gabrielle Toledano
Independent Director1.6yrsUS$543.78k0.0010%
$ 163.2k
Eric R. Ball
Directorless than a yearno data0.00076%
$ 118.2k
Kathryn Chou
Lead Independent Director4.2yrsUS$352.45k0.015%
$ 2.3m
John Raymond
Independent Director1yrUS$4.29m0.0024%
$ 380.9k
1.1yrs
Average Tenure
62yo
Average Age

Experienced Board: IONQ's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/21 03:57
End of Day Share Price 2026/09/21 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

IonQ, Inc. is covered by 19 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Craig EllisB. Riley Securities, Inc.
Troy JensenCantor Fitzgerald & Co.
Richard ShannonCraig-Hallum Capital Group LLC

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